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Nalezeno "FTX Collapse": 483

Government Official: FTX Collapse Will Not Stop Hong Kong Becoming Virtual Asset Hub

14.11.2022
The abrupt collapse of major crypto exchange FTX has shaken the cryptocurrency markets across the world, but it wil not hamper Hong Kong’s plans of establishing itself as a crypto hub, according to the city’s Financial Secretary Paul Chan. ... Read More: Government Official: FTX Collapse Will...

Billionaire Michael Saylor Says Bitcoin Will Come Out on Top Following FTX Collapse

14.11.2022
Former Microstrategy CEO and Bitcoin bull Michael Saylor believes the fallout of FTX could actually benefit Bitcoin and spark further growth in the crypto industry. Saylor, who joined CNBC's ‘Squawk on the Street’ last week, said the turbulence and market volatility will benefit Bitcoin and...

Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto

14.11.2022
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low

Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’

14.11.2022
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it sets us back a few years.” Binance’s CEO Discusses the Impact...

Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’

13.11.2022
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas...

Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse

13.11.2022
After a whirlwind election week dogged by market madness, crypto’s regulatory future in the U.S. is in the hands of a divided government

FTX Collapse: Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing

13.11.2022
The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptcy protection filing. The CEO insisted that her firm does not hold customer funds and is presently...

Former US Treasury Compares FTX Collapse to Infamous Enron Fraud – Crypto Regulation Incoming?

13.11.2022
Former Treasury Secretary Larry Summers has compared the sudden fall of cryptocurrency exchange FTX to energy trader Enron's scandal in the early 2000s. In a "Wall Street Week" interview with Bloomberg, he said that while "a lot of" people have compared this to Lehman, he believes it is more...

Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud

13.11.2022
Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said the regulatory community ought to draw two lessons from the collapse of FTX. Larry Summers Compares...

Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’

12.11.2022
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry”...

Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin

12.11.2022
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%....

SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’

12.11.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his bankrupt crypto exchange on legal...

Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse

11.11.2022
Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets

Binance Provides Proof of Reserves in Response to FTX Collapse – This is How Much Money They Have

11.11.2022
The major crypto exchange Binance has revealed details about its reserves as nervousness started to spread in the crypto community following the collapse of rival exchange FTX. According to the information Binance has revealed so far, the exchange held the following digital assets as of November...

Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout

11.11.2022
The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn of events that transpired around the trading platform. Sam Bankman-Fried’s Altruistic Efforts...

FTX collapse: The crypto industry’s Lehman Brothers moment

11.11.2022
The collapse of FTX came as a surprise to many, but as more information pours in, it seems FTX's liquidity crisis began sooner than many thought

BlockFi halts withdrawals following FTX collapse

11.11.2022
A cryptocurrency lending platform BlockFi announced yesterday that it would limit its operation and could not conduct business as effectively as before with FTX. It paused the customer withdrawals citing the lack of clarity about FTX’s current situation. The decision was taken after citing...